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tv   Your World With Neil Cavuto  FOX News  February 23, 2010 4:00pm-5:00pm EST

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$3,500 a night. the first season dvd is on sale. see you on the fox report. here's neil. >> neil: forget about all the critics coming down fast and furious on toyota in washington. fox on top of snow coming down faster and more furry on more and seemingly everywhere. a few more inches in dallas on the verge of a 30-year record. 2 feet in moscow. a 40-year record a mess of it in the big apple. a familiar record. and it is going to get worse, my friend. talk of a blizzards headed east and u.s. senator who has had enough of it in washington. he's not mad at mother nature, he's mad at al gore, yeah, al gore. >> welcome, i'm neil cavuto,
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winter ain't letting up which has the oklahoma senator fed up. inhofe has called warming a hoax and today he demands the justice department investigate what he calls the greatest scientific scandal of our generation, first witness he wants to see testify, al gore. with us now, james inhofe, any reaction from the former vice president? >> well, we have not heard anything from al gore, neil and i don't anticipate we will but we would like to have him hold a hearing in environment public works. every assertion in his science fiction movie has been dis proven. sea level rising, himalayas melting. the significant thing right now is the hearing we had this morning because we have the minority report we put together which shows climate gate, fixing the science, cooking the science
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took place. we have it documented and people are being investigated. the problem for us in america is you and i have talked before on how destructive economically it will be to have cap and trade, the bills passed in the cane lieberman bill, the largest tax increase in the history of america, something over $300 billion a year. now, since they can't get that passed and the senate won't pass that, they're trying to do it through the epa through an endangerment finding but it's based on the science that the united nations has come forward with. we're destroying the economy of the nation base on -- >> you're saying the weather we've been seeing, more to the point snow in mid texas, something they rarely see, in
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fact a multi-decade record, that it can't be global warming. many so called warmists say this is all in keeping with global warming. what say you? >> i think it's ridiculous. if this has been a warm spell over the last five years, they would say that's global warming, but it hasn't been. we're in our ninth year of a cooling spell and that's the case. it's driving them crazy. think about the years the people have put into this just hoping they would be right. now we find they're not and we find the big thing is we can't forget, they cooked the science on which all this was predicated. >> neil: you want -- >> by the way -- >> neil: you have a lot of data but you implore the justice department to look into this. any reaction from -- >> no, what we're trying to do is get the ig's to investigate it. i asked lisa this morning, the
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director of the epa if she would get the ig to investigate the allegations. i don't think she's going to do that. >> neil: what is an -- i'm sorry, what is an ig. >> inspector general. the inspector general for the. he epa and noaa. we send this to the justice department -- that's happening, by the way, in the uk and they found violations much the freedom of information act, that that was a criminal offense. unfortunately in great britain, the statute of limitations has run. that could be the case here in which case it would be a criminal violation. >> neil: do you think, senator, put this in the simplest terms, the weather is kind of been of late the wind at your back, a cold wind but it's helped your argument even though environmentalists dispute that,
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that thats propelled this talk that the earth isn't warming up. >> i don't know whether you watched the saga of the igloo but my grandkids built one during the snowstorm. >> neil: i followed it closely. >> they put the sign on top, al gore's new house. it is -- we have set records in my state of oklahoma, the coldest winter and blizzard and said same in washington and along the east coast and more is coming. that drives them crazy and they're trying to say we never did say global warming, we said extreme weather. >> neil: by the way we did put out a call to al gore's offices and none have been returned. in the meantime, it's all of this white killing, spending all this green going green? joe is what climate
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what do you make of this that there are more arguments that favor reassessing the global warming debate. >> i don't buy that. look, i think you heard the bottom line agenda from senator inhofe. he opposes using the clean air act. he wants dirty air. he comes from oklahoma, he's promoting continued decision to oil, continued dirty air. >> neil: joe, you don't have an agenda? >> i want clean air and i want to avoid catastrophic global warming. my agenda is promote the health and well -- >> neil: what if the evidence points to maybe conflicting data. i'm not saying universally but the notion the glaciers would disappear was knocked. the notion the 15-year warming
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trend is being repudiated by the folks who said this was in effect. there are a few details that bear some mentioning, right? >> we continue to warm decade after decade. i hope you put up the graphic but the last decade was the hottest on record. yep, there's the chart. this is a chart from the national oceanic and atmospheric administration. decade are a decade it gets warmer. there's a lot of fluctuation. >> neil: here's where i'm confused. when i hear the professor talk about other periods where we've had similar warming trends, i believe from 1910 to 1940 and 1975 to 1998 and they are explained by national phenomenon, could this be applied to what's going on here and now? >> that's not what dr. jones
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said. he said all the previous warming periods could be explained by changes in the sun and in the amount of volcanos. >> when he said there's been no global warming since 1995, what did he mean? >> that's not what he said. >> neil: what did he say? >> he said there's been warming since 1995. but he said it's too short of a time period for you to -- we're talking about climate. inhofe doesn't understand the weather so he doesn't understand the climate. >> neil: but even the experts can't agree on the weather and i guess what you call extreme, a lot of folks are saying in the economic environment we want to make sure across the board that the data supportsnd spending trillion dollars of to address problem, many, even in the environmental community dispute in regards to severity.
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>> i don't think there's a lot of dispute. the issue is what happens if we do nothing? what happens if we listen to senator inhofe and push dirty air, more pollution, the climate will get more extreme. the most basic fact he doesn't understand, the fact is january was the hottest january in the satellite record. it was hot. hot temperatures put more water vapor into the air and that comes down. >> neil: so all the snow and sleet and freezing rain, this is all evidence of global warming? >> i would never use the word evidence. what is -- >> neil: i'm only saying last year at this time i talked to a lot of your colleagues and they said i would need to break out bermuda shorts in the winter. >> i don't know which colleagues you're talking about. but when we get extreme warmth like vancouver they have to helicopterrener snow. fundamentally what your viewers have noticed is besides the fact
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the planet is getting warmer, the weather is more extreme. >> neil: our memory is gyrated by life experiences and parents experiences when we're talking >> everybody shares the goal of manufacturing cleanly and not polluting the water and air but there's a difference between that and spending trillions of dollars globally where the u.s. is stuck with the largest part of the bill on a problem that you might be overstating, right? >> well senator inhofe has opposed every clean energy bill there is. i wish there were agreement on clean energy. that would be terrific to start with. i wish there was a consensus to get off our addiction to oil but senator inhofe hasn't proposed that. i don't think there's any question, if you talk to scientists and i urge you to
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interview. >> neil: i do often. joe, it's an interesting debate and a lot is going on. but thank you very much for stopping by. >> my pleasure, climate is my blog. >> very good. >> who says mother nature couldn't be the only one pulling a snow job. has the white house done one better? why the president's healthcare numbers are slippery at best anh a mess for all of us at worst.
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>> neil: a little under a billion bucks per page. the congressional budget office can't score the president's draft but we can. my next guest has a startling estimate. former cbs director douglas says try $23 trillion buck. how do you come to that figure? >> well, this is closely related to the house and senate
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legislation we've already seen. once you unravel the truth about those, they look to be 2 1/2 trillion dollars in new spending over the next ten years. this is a richer benefit, more spending and they cut back the excise tax. it's a bigger bill. >> what surprises me is the length of this sort of initiative that is an outline. 11 pages, which i thought was progress, something readable. but they wouldn't aim dramatically smaller, especially after massachusetts, virginia and new jersey and the tea parties. they're going full throttle. what you do you make of that? >> it's a mistake. it's bigger than the president himself said it should be, drawing a line at $900 billion and this is larger but it's out of step with what american people want. they want to folks on cost controls, the expense of healthcare. this continues the trend to
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focus on using the government to collect money and write big checks for coverage and that's not where the american people are. >> you were the first to reveal a lot of the hidden costs are in the outlying years where you get the stick are shock. >> no question. this bill takes out some things that have gotten attention, like the payments to nebraska. but it doesn't take out large new entitlement spending programs, they grow 8% a year, a new class act that will look like the social security system in a few years. so there's a lot of disguised costs. >> while i have you, i must mention the dustup john mccain is getting on the financial rescue and saying after the fact as recently as this week that effectively i didn't -- i didn't know what i was dealing with or just how many how much of it me.
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that's provided political fodder for his challenger jd hayworth in arizona. you were working with him. was is snowballed into that? >> he did the right thing. we had a financial crisis that was in large part panic and in panic, it is important for the fed as the lender of last resort and the federal government to step in and take actions. and the bill was that. in the same way, it was supposed to take toxic assets off the bank balance sheets. i think he feels schnookered in that regard. >> so some of the things that he was told the money was going to be used for were not and it became, as we since discovered a elaborate piggy bank for a variety of causes and interests. do you think there's going to be a big problem for him?
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>> i believe the american people will judge him on the things that stood out in the moment. his courageousness, willingness to undertake something which was not politically popular in the interest of the greater good. believe me. no one thought when they passed a financial rescue package it would be used to support car companies. john mccain would never have used it to support car companies. the history will be one which we regret because it was not executed the way congress intended. >> doug, good seeing you. douglas holts. toyota, money grubbing crooks. congressman unloading on toyota today. what about u.s. agencies who are in charge of watching toyota? a hearing or white washing? some fact finding next. @=h
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>> neil: all right. jim lents the toyota u.s. sales chief and for the better part of two-and-a-half hours he's been raked over the proverbial political coals here as to what toyota knew and when it knew it regarding all of the recalls and the problems with a variety of vehicles. it has not been easy sledding for mr. lents who is expected to make a statement to reporters when he comes out of there. given the way the guy has been sweating and taking a lot of the heat, he might have a change of clothing when he comes out. short of that, this is sort of a set-up for tomorrow. akio toyoda, the guy who runs toyota, whose grandfather founded toyota, he is going to be in the hot seat tomorrow. ahead of that, one of the people questioning the u.s. chief today, colorado democratic congresswoman,
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diana duegette. good to have you. >> good to be with you. >> neil: did you get any answers today? >> well, the answers we got were not very affirming to us, because toyota has done some testing, but they still haven't completed testing in the electronic system which many people feel are leading to some of the acceleration issues in toyotas. >> neil: you know congresswoman, i got essentially from mr. lents that this is not as big an issue as you and your colleagues are trying to make it out to be. that they're trying to address the format issue, pedal issue and put backup brake systems on the cars and that will do it. it seems like you and a lot of your colleagues were not convinced. >> i don't think we are convinced because the problem some of the cars have had, we had some people who had a
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problem. the smiths. what they talk about are not problem with the accelerator or floormats creeping up. independent experts found there are problems in some of the cars with the electronic system. toyota has steadfastly denied that. but the testing is inconclusive. we're concerned because we don't think that toyota moved fast enough or realized the gravity of the situation. i have to say, i, myself, have three toyota cam arycamrys. so i'm a big toyota customer. >> neil: would you buy another one? >> today, i probably wouldn't. maybe in six months i will. toyota needs to realize this is a serious problem and look at all the angles and make sure that the cars are safe. >> neil: have any of your camries have been recalled? >> no, i don't think two have been. two is very old and one is quite new. keeping the fingers crossed but millions of people are driving cars who are anxious.
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the problem is they're krooifikrooif krooif -- driving the car without any warning they just start to accelerate. and by putting them in neutral or by putting on the brakes or the emergency brakes or turning the cars off, it doesn't stop the problem. so that's obviously very frightening to consumers. >> neil: all right, congresswoman. we'll watch it closely. thank you be. safe in the camrys. >> thank you. >> we don't know if akio toyoda got his top guys getting raked over the car coals over what toyota officials knew and when they knew about the growing recall mess but it probably would have done some good. same thing or likely if not worse will happen to him tomorrow when he testifies. politicians are out for blood. any toyota bosses will do, especially if it's the big boss. call it washington blame game. former fema boss, michael brown, or known as brownie as he was called at another crisis time.
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doesn't he know it first hand. good to have you. >> good to see you again, neil. >> neil: i was thinking after watching the hearing today. when they are out for blood, they're out for blood. we know in retrospect problems with katrina were problems you warned about and nevertheless, you were the pinata and you were slapped around. now i'm not saying the two are comparable with what is happening with the toyota bosses today. but they are select in who they go after. >> they are. isn't it amazing we have a congressman with three toyotas saying she wouldn't buy another toyota. surprised she didn't say go by a g.m. car to help out taxpayers. at the end of the day, question should be asked and people should be held accountable. but the question is what can congress do?
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nothing to make the cars safer tomorrow. and these guys, they're testifying today and tomorrow and the corporations is under criminal indictment. the s.e.c. is investigating them. this is grand standing by congress. getting their name and face on your show, talking about what they're doing to help the american public. what they ought to be doing is making sure that the administrative agency, the highway safety board and the s.e.c., make sure they're doing their job as opposed to slapping around some guys that are under criminal indictment and probably had their hands tied about what they can say. >> neil: not only that. it's not as if we don't have safety institutions and regulators in this country that are supposed to police all the cars in this country. you could talk about the transportation and what it knew and when. all of these safety authorities here who dropped the ball. i didn't see it closely scrutinized today. >> but it should be closely scrutinized. >> neil: it's not, michael. what i'm wondering is whether, you know, i have no
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ax to grind with toyota one way or another. but what's fair is fair. if you go after them, just like i said when they were going after you, go after a lot of the folks similarly involved at the time. at the time it was just you! this time it's just that toyota dude. >> right. here is what the president of toyota has to do. you have to come in and say we made serious mistakes. we are going to fix them and regain confidence of the buying public and show you, mr. congressman, we can get the act together to make it right. that's all they can do right now. they have to fix the internal problems. congress should focus on why didn't the administrative agencies catch this stuff earlier. >> neil: the administration agencies are n not held to the same standard. >> that's my point. >> neil: this is something we pay tax dollars for and they let us down. >> that's right. why is it -- why is diana
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degette talking about how she held a hearing and didn't get satis ffactory answers? because they're under indictment. they should call up transportation secretary ray lahood up there and say why didn't your asks find it earlier? >> neil: bingo. lahood is supposed to testify momentarily. i expect to that. i bet a dollar to financial doughnut we won't see that. not going to see -- >> i'm not taking that bet, neil. you are right. always a pleasure. thank you. >> thank you, neil. >> did harry reid just say pass the jobs bill or more guys will beat their wives? we're going to play the tape. you decide. then buy a fridge, get cold cash. why it's getting one dave ramsey hot and bothered.  [ male announcer ] histy has shown
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a good company will fix its mistakes.. but a great company will learn from them. that's why toyota engineers have rigorously tested the solutis for our recalls
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men when they're out of work tend to become abusive, domestic crisis shelters in nevada are jammed. it's the way it is all over the country. jobs bring dignity. that's what the legislation is all about. >> is harry getting scary? the next guest says harry reid is using scare tactics to sell the jobs bill. fox news contributor tucker carlson joining me now. that's a weird way to push a package, huh? >> if you are for dignity, you are for the legislation. if you're against spousal abuse sal, you're for it.
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if you're enforcing child labor laws, you're for it. if you're for the american family, you're for the bill. it's over the top! the bill itself is not a landmark piece of legislation. it's relatively small. there was no reason to pull out this rhetoric to get this heavy on behalf of something this relatively unremarkable. it shows the pressure reid is under after failing to deliver healthcare. the pressure he's under at home in his state in nevada where he is going to lose his seat it looks like. this guy is in a pressure cooker. >> neil: leaving aside to how tacky of the men who are home jobless that they're somehow wife beaters in the process, i wonder if it works. could you ultimately scare something in society that is going on to say unless we give the folks jjobs, the inner beast will come out? >> right. there are a couple of assumptions.
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first, unemployment is associated with pathologies. unemployed men are unhappier than employed men. this is kind of the dog food case. the classic or cat food case. vote for this or your grandmother will be stuck eating pet food. political rhetoric can reach point of ludicrousness, over the topness that is laughable and becomes a parody of itself. i think he reached that point. >> got the job done. he got the job done. now, was it done because of that? or was it done because well, $15 billion seems like relative chump change. >> listen, he got five republicans. he lost to democrat, ben nelson who may never vote another democratic bill again. scott brown, that was
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significant. he is taking heat from the tea party groups that supported him in the first place. then two senators on their way out of the senate. >> neil: by the way, on scott brown, i would be remiss if i didn't get your thought on that. what do you make of that? >> it's who he is. he's a massachusetts senator. i don't think anybody who took a close look at his record saw a right winger. it's significant because of the money bombs, the people who support him, they're truly committed to fiscal discipline, smaller government, reducing federal spending. tea party people. that's the theme that ties the group together. it has to be, in fact, what we sent reporters out today to interview tea party folks who supported him and they were not surprisingly, disappointed. >> neil: we're waiting james lents on the hot seat today, being grilled by lawmakers and he's due to make a statement to report toers
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shortly. is this a great distraction game for congress? they're dumped on a lot so this is a golden opportunity to dump on this company. >> i think it is. the five minutes of hate, you know what i mean? this is one in a series of public rituals we engage in, where we single out a group or industry for abuse. i'm not defending toyota. i don't drive a toyota. i think we are seeing something we often see, tobacco industry or whatever. any of the makers of oxycontin, you know, they're the vil on lain on the moment. person we take out our frustration. in this case, there are labor-m labor-motivated reasons to attack toyota. u.a.w. is not heavily represented in toyota. if you are a labor leader from michigan or depends on labor votes in the mid-west, you have a ready made motive to attack toyota. >> neil: all right. thank you. influence toyota u.s. sales chief. after three hours of grilling speaking to reporters now.
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>> they asked tough and fair questions. they look forward to working with dealers and working on the manufacturering side to ensure we refocus our attention on customer and refocus on safety and get back to what made the company great in the united states for the last 50 years. with that, i'll entertain a few questions. [ inaudible ] >> i think in the case of sudden acceleration, there are mechanical issues, human interface issues with the vehicle. so there are always issues whether it's surges caused by
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idle transmission or cruise control. there is pedal misapplication. it exists. in our case we had the issue with the floormat and pedals but we will remain vigilant and continue to study and go to site sites every time we hav incident of u.a. to get behind and make sure we have it under control. >> you are not saying electronics in s the issue? >> i can say today we have not seen failures in the electronics. it's tested by exponent and interim report came out to congress today. there is a lot more testing to go on. in a lot of different areas made available to public, congress in the midst of what it's complete. >> one more question. >> is there a systemic management question, pull in to mushroom the way it has?
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>> i don't think it's a systemic management problem. quite frankly, we grew too quickly. and as a result of that, we stretched our resources too thin. so i think that is the biggest issue we had. now we have to go back and regroup from top to bottom, take a look at all of our quality and safety efforts. and make sure we have the right processes in place, based on the scale of which we have today in the business. i am confident we'll get it done. >> jim lentz had quite a grilling today. the big dog tomorrow. the head of toyota globally. akio toyoda, his grandfather founded the company. the first time international ceo is testifying to the u.s. congress on a recall issue. that's a pay-per-view event and we'll be there for it. in the meantime, forget cars
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or cash for clunkers. how about money to microwaves? there is a green buying initiatives. close, very close. how much green are you saving and whose pockets are benefitting? dave samry has an idea and -- dave ramsey has an idea and he ain't thrilled with what he calls politicians' latest clunker. catch him on the fox business network where we refer to him as "sir dave." what do you make of this? new incentive to buy, right? >> i don't know why we had cash for clunkers, why we can't do money for microwaves he says sarcasticalsarcasticall. does this stupidity out of washington know no end? all in name of stimulating the economy. someone in the appliance business thinks this is a great idea. but i have a feeling probably would have gone back to buying appliances pretty soon anyway. this thing of stick lating the economy, it --
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stimulating the economy, it's 538 munchkins on edge of a forest fire with squirt guns and they don't seem to be doing much good. >> neil: i guess if you need an excuse to buy something, if someone throws at you the possibility you're going to get a $50 rebate or $10 rebate. you'll buy the $1,000 item without thinking it through. maybe. it may cause impulse spending. the public is very, very price sensitive. and they're not much about gimmicks now. this little scare that we have in the last 18 months has made people stop and count their chips very carefully before they go to the poker table. if they get ready -- if they are buying a stereo or microwave or dishwasher that he recollects' -- they're being cautious and gimmicks aren't working. it's just good pricing drawing people out. >> neil: gimmicks do front-load the sales. with cash for clunkers, say what you, will they did
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incentivize people to buy sooner than later. they didn't buy later but they bought sooner. >> it certainly got rid of all the 3,000 or a lot of the 4,000 cars off the road. they're all gone. anybody that needs a beater right now is having trouble. >> neil: good point. every time you come here, dave, a lot of people have questions for you. never for me, but they have them for you. here is this week's -- > >> i'm krista from florida and my husband and i are celeapt may sirried c ce -- recently married. is it a good time to have kids right now or should we put it off? >> neil: you're sex expert. family planning expert. you take it. >> the rule i had as financial counselor is you don't let money decide when you have children within reason. if you are in bankruptcy, think about that. if you have eight kids and do you need nine, stop and think
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about that. starting a financial, the stuff financial people put out, children cost so much! $238,000! all that. they don't. diapers and the mandatory you have to pay, the porsche patement to the pediatrician every month, other than that, not bad. it wouldn't gauge if everything is going okay with your money when to start kids on money basis. >> neil: by the way, you don't have to share food with them. anyway, dave, very good to see you again. my friend, dave ramsey, star of radio and tv. thank you, buddy. >> good to see you. >> neil: all right, time for toyota to take a cue from acorn. reports that acorn offices are shutting down and reopening under new name. looking for a new image. wonder if toyota is considering that? it would not be the first company to do it. remember this deadly value jet crash, the airliner we emerging as airtran. so, do the makeovers work? bob dylanschneider the p.r. guru running the dylanschneider group joins me. and secret on bob avising so many great companies, he was
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the guy advising johnson & johnson at the time of the tylenol scandal. remember they were poisoning capsules with cyanide? he said get it in front of these things. and that's the model. handle a crisis. good to see you. >> great to be with you as always. >> neil: how do you think the name change stuff works for acorn, maybe these days for toyota? >> i was stunned that acorn changed their name. the substance that resides in acorn, the fact that they're community organization, organizing organization, the fact that they're extreme left on the left, i was stun stunned they did it. i don't think it will really change what acorn does. they can't change the stripes. >> neil: we don't know what they are calling themselves. walnut, that would not be good. >> toyota shouldn't think of this. they are going to come out with new brands and none of the brands will carry toyota name going forward. philip morris has been through this. changed altria --
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>> neil: to drop the whole tobacco. >> but they still make cigarettes. they still do. companies like pizza hut that have become the hut. radio shack has become the shack. one company after another. pizza hut and radio shack wanted to broaden their offerings. that's legitnate. >> neil: we're going through it. we'll go through some of the examples of late. bob touched on a couple of them. what they were before and what they are now. this a theme companies think they can do better as a result. >> they can't do better. substance makes the difference. no matter how much money you put into it, if you don't change the substance and you still make fried food and you're kentucky fried chicken and changed to k.f.c., it doesn't make a difference. people will buy that fried chicken. >> neil: but you -- the former name is associated either in the case of the horrible crash or arthur anderson with the accountable scandal.
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you want to get over that. >> there is a better way to do it. johnson & johnson didn't change their name. tylenol is on the market. they went public and announced they'll do something about it. their ceo went on the air. that is the ekey. >> neil: that was a scandal thrust on them. that was tampering. this is a self-made crisis. >> correct. in any crisis, get out there and get your people out there, apologize, say what you'll do about it. then you'll be okay. you don't have to change your name. name changes costs tens of thousands of dollars. millions of dollars to do it. that's really stockholder money wasted in my opinion if the crisis is handled correctly. >> neil: ray lahood the transportation secretary is testifying right now. this thing mushrooms, how would you advise him -- how do you advise anyone before congress to be a pinata. >> be active before you go before congress. so you've got to create the ground before you get there.
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with all respect to the elected representatives and senators, they're not going to do the best they can to help you. what they're going to do is question you. so you got to get out there way in advance with your story and be aggressive about it. >> neil: for toyota and this, you know, used to have a name, quality, fuel efficient cars, rarely any problems. that's still by and large the case. we're talking a small percentage of their models and the cars but the image sticks people are nervous about their cars. >> people are nervous about their cars. there are going to be people coming out of the woodwork with the plaintiff lawsuits. acceleration of plaintiff bar. without parallel. >> neil: toyota survives? >> they will survive but they have a serious problem. there is an opportunity for ford in particular because they've done very well. general motors as well. nissan, honda, these companies are going to step forward now. >> neil: okay. bob dilen schneider, thank you. >> great to be with you. >> neil: ray lahood is done. already testified. that tells you all you need to know about how fair and
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balanced some of the hearings are. the transportation secretary oversees a lot of safety agencies responsible for policing our cars gets a few minutes on the stand. the guys from toyota is grilled over the course of few hours. see how it sets up for akio toyoda tomorrow. meanwhile, so sorry, but you are still getting sued, no matter how many times you say you're sorry. when apologies do not prevent losses, they all but guarantee them. ♪ [ male announcer ] we make them beautiful. ♪ we make them tougher. ♪ we make them legendary. we make them better... to make your life better. and we've never made one... quite like this. the 100% electric nissan leaf. ♪
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we acknowledge the mistakes and apologize for them and learned from them. we understand we must look differently at investigating complaints and communicate faster, better and more eefficientively with customers and regulators.
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>> neil: you heard it. toyota top u.s. testifying today. akio toyoda, the head honcho in japan is expected to do tomorrow. they say it won't help them damp down the lawsuits. talking about analy analyst jud andrew napolitano. what does it mean when you apologize for something? >> that you're trying to lessen the anxiety against you. that is the p.r. version as bob said. but legally, it means you're admitting that you did something wrong. and that admission; particularly, in this case, where it's stated under note, makes it easier for people to sue it. or it may make it easier for prosecutors to prosecute you depending on the words that you used when you made the statement. >> neil: does it increase your culpability? >> it doesn't increase your culpability but it makes it easier to prove culpability. a couple of basics. there is criminal investigation and there will be civil lawsuits. the criminal can investigation can only mean that the folks put defective
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cars out on the roadway knowing they were defective, or that they falsified documents in order to hide the defect. the civil liability where people will sue means someone was harmed by the vehicles. you or i could have owned toyota with defective accelerator or brake and never got in an accident, never harmed anybody, sold the car. can you sue? no. only if there was harm or damage. the court would not tolerate a million lawsuits if this were million accidents because of a million defective brakes or accelerator, the court would consolidate them to a big class action and sort out how much money the plaintiffs should get. the issue of fault has been admitted. design defect or failure to correct problem when it was brought to their attention. >> neil: what about sharing the blame?
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we talked about ray lahood. i misspomisspoke, he had a brea. he's coming back and we don't know for how long. should u.s. safety officials relax in following this? >> how i wish we could sue the government when they cause us harm. unfortunately, the same government that takes our taxes and regulates our private behavior has made it nearly impossible to sue them when they don't enforce their own laws and they don't do their own job. lahood, and all the people that work for him, some well intentioned or negligent are immune from liability. >> neil: if you don't get it from them you get it from toyota. >> if a private organization sampled the vehicles and said the accelerators for fine and they were defected and someone was harmed due to the defect, the private organization could be sued. if the government as it's supposed to, looked at the accelerators sand they're fine and they weren't, the government cannot be sued because it's written laws insulating itself from these lawsuits. >> neil: is there any more legal thin ice for lack of better word for akio toyoda tomorrow versus the
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u.s. chief today? >> that would be in your field. he may say something that would so depreciate the equity of toyota that somebody might want to come in and take them over and then you would have an aggressive takeover fight for the votes of the -- >> neil: but as he's showing system systemic chicanery from the top or hinting of it, that is different than the u.s. chief punting to tokyo, right? >> if tokyo has an attitude they can hide defects because that's what they do over there -- i'm saying if -- it will not wash here and a culture that would make it acceptable in japan would not justify it here. in fact, an american jury would punish them on top of assessing liability if it were to find that. >> neil: bottom line, it's a mess. bottom line, tomorrow we will watch akio toyoda on the stand. that's a pay-per-view moment. we'll be all over it, as is fox business, which if you do not get -- >> demand it. >> neil: exactly. congressman scolding toyota executives on capitol hill today is the one front and
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center with us. terry lee. this guy was rip-roaring mad and he's rip-roaring with us on fbn and only fbn.
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